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Are there any additional charges or fees when buying or selling cryptocurrencies on Revolut?

avatarrathiercDec 28, 2021 · 3 years ago3 answers

Can you tell me if there are any extra charges or fees that I need to be aware of when purchasing or selling cryptocurrencies on the Revolut platform? I want to make sure I understand the potential costs involved before I start trading.

Are there any additional charges or fees when buying or selling cryptocurrencies on Revolut?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are some additional charges and fees associated with buying or selling cryptocurrencies on Revolut. When you buy or sell cryptocurrencies, Revolut applies a markup to the exchange rate, which means you may not get the exact market price. Additionally, there may be fees for certain types of transactions, such as transferring cryptocurrencies to an external wallet. It's important to review Revolut's fee schedule and terms of service to understand the specific charges that may apply.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! Revolut does charge some fees when you buy or sell cryptocurrencies. They apply a markup to the exchange rate, which means you may not get the best possible price. There may also be fees for transferring cryptocurrencies to external wallets. Make sure to check Revolut's fee schedule for the most up-to-date information on charges and fees.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are additional charges and fees when buying or selling cryptocurrencies on Revolut. They apply a markup to the exchange rate, which can result in a slightly higher price than the market rate. There may also be fees for transferring cryptocurrencies to external wallets. However, it's worth noting that Revolut offers a user-friendly and convenient platform for buying and selling cryptocurrencies, which may outweigh the associated costs for some users.